Results 11 to 20 of about 2,837,221 (362)
Taxation and Market Power [PDF]
Canadian Journal of Economics/Revue canadienne d'économique, 2009 We analyze the incidence and welfare e¤ects of unit sales taxes in experimental monopoly and Bertrand markets. We nd, in line with economic theory, that rms with no market power are able to shift a high share of a tax burden on to consumers, independent ...
Konrad, K.A., Morath, F., Müller, W.
core +16 more sources
Market Power and Inflation [PDF]
Review of Economics and Statistics, 2000 Market power exercised by firms has become central to macroeconomics. Recent theoretical work highlights the importance of the relation between market power and inflation. We examine this relation for individual firms in eleven U.S. industries. Our econometric framework exploits restrictions from dynamic theory and information from financial markets to
Robert S. Chirinko, Steven M. Fazzari
openalex +7 more sources
Estudos Econômicos, 2019 Perfect competition can be approximated in an environment with differentiated goods, heterogeneous firms, and frictions of trading. This paper considers an environment where sellers sell differentiated goods to buyers, and frictions of trading are ...
Rafael Guthmann
doaj +3 more sources
Market power in California's water market [PDF]
American Journal of Agricultural Economics, 2021 AbstractWe estimate market power in California's surface water market. Market power may distort the potential welfare gains from water marketing. We use a Nash‐Cournot model and derive a closed‐form solution for the extent of market power in a water market setting.
Bos, Charles +4 more
openaire +6 more sources
Market Power in Water Markets [PDF]
SSRN Electronic Journal, 2010 We model market power in water markets as multi-market Cournot competition with a river structure. Suppliers are connected through water balances, which imposes resource constraints, and they are connected to heterogeneous water users via a water delivery infrastructure. Our model captures a wide range of specific water market structures.
Ansink, E. & Houba, H.
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Market Power in a Power Market with Transmission Constraints [PDF]
SSRN Electronic Journal, 2010 In this paper we present a model for analysing the strategic behaviour of a generator and its short run implications on an electricity network with transmission constraints. The problem is formulated as a Stackelberg leader-follower game. The upper level problem is generator’s profit maximisation subject to the solution of the lower level problem of ...
Bjørndal, Mette +2 more
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Political Power and Market Power
SSRN Electronic Journal, 2023 We study the link between political influence and industrial concentration. We present a joint model of political influence and market competition: an oligopoly lobbies the government over regulation, and competes in the product market shaped by this influence.
Cowgill, Bo +2 more
openaire +2 more sources
Market power in the expanding Nordic power market [PDF]
Applied Economics, 2009 We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers have had market power.
Bask, Mikael +2 more
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Information and Market Power [PDF]
SSRN Electronic Journal, 2015 We analyze demand function competition with a finite number of agents and private information. We show that the nature of the private information determines the market power of the agents and thus price and volume of equilibrium trade.We establish our results by providing a characterization of the set of all joint distributions over demands and payoff ...
Dirk Bergemann +2 more
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SSRN Electronic Journal, 2019 We develop, estimate, and test a tractable general equilibrium model of oligopsony with differentiated jobs and concentrated labor markets. We estimate key model parameters by matching new evidence on the relationship between firms’ local labor market share and their employment and wage responses to state corporate tax changes.
Berger, David +2 more
openaire +4 more sources